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4686 Tx-114 Hwy
6,127 SF Retail Building Rhome, TX 76078 $950,000 ($155/SF)
Investment Highlights
- High traffic count of 14k cars per day
- 2.67 Acres
- Water Well
- 10,000 New Homes going in the area
- Tx-114 Hwy 500 Foot Frontage
- Outside City Limits
Executive Summary
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$60,000
|
$9.79
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$60,000
|
$9.79
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2023)
| Gross Rental Income | |
|---|---|
| Annual | $60,000 |
| Annual Per SF | $9.79 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $60,000 |
| Annual Per SF | $9.79 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Amenities
- Dedicated Turn Lane
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- Desi Dhaba
- Accommodation and Food Services
- 6,127 SF
- $1.22
- Triple Net
- Jun 2024
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
| Desi Dhaba | Accommodation and Food Services | 6,127 SF | $1.22 | Triple Net | Jun 2024 |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Introducing a prime investment opportunity at 4686 Tx-114 Hwy, Rhome, Texas. This commercial property is perfectly positioned to benefit from the phenomenal visibility and high traffic count of 14k per day in the rapidly growing Rhome, Texas area. Whether you are an end user or an investor looking for a lucrative addition to your portfolio, this property has the potential to meet and exceed your expectations. Featuring 2.67 acres of strategically located land, the property currently offers a white-boxed restaurant or retail space with two direct entrances on State Highway 114. This prime spot is also within easy access of Highway 287 and Highway 81, providing incredible exposure for any business. Property highlights include a newer roof, fresh paint, 3-phase power, 3 brick smokers, 3 restrooms, and ample parking. The seller is open to financing the property with the right terms, making this an attractive proposition for investors and end users alike. Also available for Sale for $950,000.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 6,127 SF | Retail | - | Now |
1st Floor
| Size |
| 6,127 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size | 6,127 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Introducing a prime investment opportunity at 4686 Tx-114 Hwy, Rhome, Texas. This commercial property is perfectly positioned to benefit from the phenomenal visibility and high traffic count of 14k per day in the rapidly growing Rhome, Texas area. Whether you are an end user or an investor looking for a lucrative addition to your portfolio, this property has the potential to meet and exceed your expectations. Featuring 2.67 acres of strategically located land, the property currently offers a white-boxed restaurant or retail space with two direct entrances on State Highway 114. This prime spot is also within easy access of Highway 287 and Highway 81, providing incredible exposure for any business. Property highlights include a newer roof, fresh paint, 3-phase power, 3 brick smokers, 3 restrooms, and ample parking. The seller is open to financing the property with the right terms, making this an attractive proposition for investors and end users alike. Also available for Sale for $950,000.
PROPERTY TAXES
| Parcel Number | A0486000500 | Improvements Assessment | $344,148 |
| Land Assessment | $407,068 | Total Assessment | $751,216 |
PROPERTY TAXES
-
Tony Maniaci -
Chris Foley -
Engel & Völkers Dallas Fort Worth
Presented by
4686 Tx-114 Hwy
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